Sure, here’s an article on PM-Kisan Samman Nidhi Yojana:
PM-Kisan Samman Nidhi Yojana: A Scheme for Farmers
Agriculture has played a significant role in India’s economic growth and development. However, farmers in the country continue to face various challenges, including unpredictable weather conditions, scarcity of irrigation water, and low yields. In an effort to support the farming community, the Indian government launched the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan) in February 2019. Here’s all you need to know about this scheme:
What is PM-Kisan Samman Nidhi Yojana?
PM-Kisan is an income support scheme for farmers aimed at providing them with a fixed amount of Rs. 6,000 per year in three equal installments. The scheme was launched by Prime Minister Narendra Modi in a bid to support the small and marginal farmers who struggle to make ends meet.
Who is Eligible to Avail the Benefits of the Scheme?
All small and marginal farmers who own cultivable land, are family members of the original landowner and have three hectares or less of land (as per land records of the concerned state) are eligible to avail the benefits of the scheme. However, tenant farmers, sharecroppers, and farmers who belong to the higher-income bracket are not eligible for the scheme.
How are the Benefits Transferred?
The benefits of the scheme are transferred to the beneficiary’s bank account directly through the Direct Benefit Transfer (DBT) mode. The first installment is credited between April-July, the second installment between August-November, and the third installment between December-March. It’s to be noted that all the three installments are credited in the same financial year.
How to Apply?
The registration process for PM-Kisan is simple and hassle-free. Eligible farmers can visit the official website of the scheme, fill out the application form, and submit the required documents online. The required documents include land ownership documents, bank account details, and Aadhaar card.
Conclusion
PM-Kisan Samman Nidhi Yojana has been beneficial to farmers across the country. The scheme is aimed at providing financial support to farmers and improving their livelihood. It’s an important step towards the welfare of farmers and the development of the agriculture sector in India. To conclude, the scheme provides a much-needed financial cushion to the farming community and supports them in taking up innovative farming practices to improve their yields and overall standard of living.